Jack borrows $ 2 8 , 3 0 5 to pay for a car. The loan carries

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Question:

Jack borrows $

28, 305

to pay for a car. The loan carries an annual rate of

5.3 %

and he wants to be debt free in

6

years by making biweekly payments

(26

per year

) .

How much interest will he pay on this loan?

Round your answer to the nearest dollar.

Posted Date: May 18, 2024 07:14 PM

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Jack borrows $ 2 8 , 3 0 5 to pay for a car. The loan carries

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